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In this paper a new class of generalized backward doubly stochastic differential equations is investigated. This class involves an integral with respect to an adapted continuous increasing process. A probabilistic representation for…

概率论 · 数学 2009-09-29 Brahim Boufoussi , Jan Van Casteren , N. Mrhardy

This paper considers a non-Markov control problem arising in a financial market where asset returns depend on hidden factors. The problem is non-Markov because nonlinear filtering is required to make inference on these factors, and hence…

数理金融 · 定量金融 2018-07-24 Andrew Papanicolaou

This paper is devoted to the study of hyperbolic systems of linear partial differential equations perturbed by a Brownian motion. The existence and uniqueness of solutions are proved by an energy method. The specific features of this class…

概率论 · 数学 2021-09-29 Adnan Aboulalaa

In this paper, we discuss and compare two probabilistic approaches for associating a stochastic differential equation with a McKean-type partial differential equation featuring a reaction term and path-dependent coefficients. The…

概率论 · 数学 2026-02-10 Daniela Morale , Leonardo Tarquini , Stefania Ugolini

We define fully coupled forward-backward stochastic differential equations on spaces related to continuous time, finite state Markov Chains. Existence and uniqueness results of the fully coupled forward-backward stochastic differential…

概率论 · 数学 2015-04-29 Shaolin Ji , Haodong Liu , Xinling Xiao

The classical Feynman-Kac identity builds a bridge between stochastic analysis and partial differential equations (PDEs) by providing stochastic representations for classical solutions of linear Kolmogorov PDEs. This opens the door for the…

概率论 · 数学 2021-10-25 Christian Beck , Martin Hutzenthaler , Arnulf Jentzen

One of the open problems in scientific computing is the long-time integration of nonlinear stochastic partial differential equations (SPDEs). We address this problem by taking advantage of recent advances in scientific machine learning and…

机器学习 · 计算机科学 2019-09-04 Dongkun Zhang , Ling Guo , George Em Karniadakis

In this paper we investigate mean-field backward doubly stochastic differential equations (BDSDEs), i.e., BDSDEs whose driving coefficients also depend on the joint law of the solution process as well as the solution of an associated…

概率论 · 数学 2021-11-16 Rainer Buckdahn , Juan Li , Chuanzhi Xing

In this article, we propose a wellposedness theory for a class of second order backward doubly stochastic differential equation (2BDSDE). We prove existence and uniqueness of the solution under a Lipschitz type assumption on the generator,…

概率论 · 数学 2016-10-14 Anis Matoussi , Dylan Possamai , Wissal Sabbagh

In this paper, we study the non-linear backward problems (with deterministic or stochastic durations) of stochastic differential equations on the Sierpinski gasket. We prove the existence and uniqueness of solutions of backward stochastic…

概率论 · 数学 2024-10-10 Xuan Liu , Zhongmin Qian

We consider the Cauchy problem for a linear stochastic partial differential equation. By extending the parametrix method for PDEs whose coefficients are only measurable with respect to the time variable, we prove existence, regularity in…

概率论 · 数学 2019-12-13 Andrea Pascucci , Antonello Pesce

We study optimal stochastic control problem for non-Markovian stochastic differential equations (SDEs) where the drift, diffusion coefficients, and gain functionals are path-dependent, and importantly we do not make any ellipticity…

概率论 · 数学 2013-11-04 Marco Fuhrman , Huyên Pham

The connection between forward backward doubly stochastic differential equations and the optimal filtering problem is established without using the Zakai's equation. The solutions of forward backward doubly stochastic differential equations…

概率论 · 数学 2017-04-07 Feng Bao , Yanzhao Cao , Xiaoping Han

In this paper, we consider the composition of two independent processes : one process corresponds to position and the other one to time. Such processes will be called iterated processes. We first propose an algorithm based on the Euler…

概率论 · 数学 2017-05-03 Michèle Thieullen , Alexis Vigot

We first state a special type of It\^o formula involving stochastic integrals of both standard and fractional Brownian motions. Then we use Doss-Sussman transformation to establish the link between backward doubly stochastic differential…

概率论 · 数学 2011-03-18 Shuai Jing

In this paper, we study the well-posedness of the Forward-Backward Stochastic Differential Equations (FBSDE) in a general non-Markovian framework. The main purpose is to find a unified scheme which combines all existing methodology in the…

概率论 · 数学 2015-06-30 Jin Ma , Zhen Wu , Detao Zhang , Jianfeng Zhang

This paper studies a class of non$-$Markovian singular stochastic control problems, for which we provide a novel probabilistic representation. The solution of such control problem is proved to identify with the solution of a $Z-$constrained…

最优化与控制 · 数学 2018-02-27 Romuald Elie , Ludovic Moreau , Dylan Possamaï

This work concerns a type of path-dependent multivalued McKean-Vlasov stochastic differential equations. First of all, we prove the well-posedness for path-dependent multivalued stochastic differential equations under the Lipschitz…

概率论 · 数学 2025-08-22 Ying Ma , Huijie Qiao

Mean-field backward doubly stochastic differential equations (MF-BDSDEs, for short) are introduced and studied. The existence and uniqueness of solutions for MF-BDSDEs is established. One probabilistic interpretation for the solutions to a…

概率论 · 数学 2011-08-30 Tianxiao Wang , Qingfeng Zhu , Yufeng Shi

Applications in quantitative finance such as optimal trade execution, risk management of options, and optimal asset allocation involve the solution of high dimensional and nonlinear Partial Differential Equations (PDEs). The connection…

机器学习 · 统计学 2019-10-28 Batuhan Güler , Alexis Laignelet , Panos Parpas